| May 9, 2006 - VendTek Systems
Inc. (TSXV: VSI) ("VendTek" or "The Company"),
a leading provider of software for prepaid service distribution,
is pleased to announce that its eFresh network has
been launched in the United Arab Emirates by One Prepay,
LLC.
"One Prepay LLC has already deployed approximately
1800 terminals in the United Arab Emirates. The sale
of prepaid telecommunications products has commenced
and One Prepay continues to deploy additional terminals."
Paul Brock, president of VendTek Systems Inc., said,
"The UAE is an excellent market for our eFresh™
technology and One Prepay is the perfect partner for
us. We have worked closely together to launch the service
and have high expectations for this market."
For further information about VendTek please contact
Samantha Haynes at 1.800.806.4958 or 604.805.4653 or
shaynes@vendteksys.com.
About VendTek and Now Prepay
VendTek Systems Inc. develops and licenses eFresh™
software and related technologies, which provide electronic
distribution of prepaid telecommunication and financial
services. VendTek is commercializing the eFresh™
software under license to create sustainable and recurring
revenues. VendTek's customers and its subsidiaries,
Now Prepay Corp. (in Canada) and VendTek Systems Technologies
(in China), are using eFresh™
software to build electronic, prepaid services networks,
which enable consumers to purchase prepaid services
via POS and self-serve terminals connected to a central
eFresh™
server. This system creates significant value through
improved efficiencies compared to the traditional distribution
paradigm. eFresh™
reduces shrinkage and inventory requirements while improving
consumer access to prepaid services by completely eliminating
physical cards and vouchers. For further information
please visit the Company's websites www.vendteksys.com
and www.nowprepay.com.
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The TSX Venture Exchange has
not reviewed and does not accept responsibility
for the adequacy or accuracy of this release.
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